z*****2
发帖数: 96 | 1 If Chrysler chooses bankrupcy next week,
will it mean GM has more chances to survive, as the only automakers needed
to save by the government?
Jesus baby, I still hold some GM stocks bought long time ago. | b****e
发帖数: 460 | 2 I don't think government will save GM if GM cannot find a way to survive by
its own. Car makers and banks are different. Banking is a good business if
people don't do dumb things, which means if government helps these banks
today, they will still be cash cow tomorrow. However, that's not the case
for US car makers. With current business model, US car makers cannot survive
by its own. Even if government pours cash into GM and Chrysler to make it
debt free today, they will be still struggling. The
【在 z*****2 的大作中提到】
: If Chrysler chooses bankrupcy next week,
: will it mean GM has more chances to survive, as the only automakers needed
: to save by the government?
: Jesus baby, I still hold some GM stocks bought long time ago.
| i******l
发帖数: 828 | 3 chrysler BK will set precedence for valuations of both debt and union
related liabilities, which helps GM to do things out of court, but it would
be very speculative for current share holders (old share) to expect anything
significant.
【在 z*****2 的大作中提到】
: If Chrysler chooses bankrupcy next week,
: will it mean GM has more chances to survive, as the only automakers needed
: to save by the government?
: Jesus baby, I still hold some GM stocks bought long time ago.
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